Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Aster−0.002%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$610.611% of the position
Funding, last 6 days (all we have)+0.394%+$39 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.002%, 7d avg +0.008%
=Together, before fees+0.429%+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm board+$43 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster POLUSDT | 0.1090 | 0.0100 | pay 0.0050% / 4h | 1h 33m | $361K | $240K | 20x |
| Short | Lighter POL | 0.1090 | 0.0096 | get 0.0012% / 1h | 33m 20s | $276K | $543K | 8x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: −0.002% → +0.008%
- −$1.01
- Slippage, 4 orders
- −$53.14
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$62.99
- Costs to cover
- 0.611%
- Break-even
- never at this rate
Slippage from Aster: live order book, 9 min ago; Lighter: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 9 min ago | 11.44 bp | 23.5 bp −$24 | 252.4 bp −$2,524 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 2 min ago | 5.74 bp | 10.5 bp −$10 | 62.6 bp −$626 | doesn't fit | doesn't fit |
POL on 25 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International POL-PERP-INTX | −0.0472% | 1h | 0.1088 | −0.222% | $201K | $203K | 50x | as long as short |
| Kraken Futures PF_POLUSD | −0.0380% | 1h | 0.1091 | +0.051% | $1.1M | $1.0M | 50x | as long as short |
| Gate POL_USDT | −0.0328% | 4h | 0.1089 | −0.121% | $1.8M | $1.3M | 75x | as long as short |
| Reya POLRUSDPERP | −0.0006% | 1h | 0.1090 | −0.004% | $2K | — | — | as long as short |
| dYdX POL-USD | 0.0000% | 1h | 0.1090 | −0.030% | $18K | $3K | 5x | as long as short |
| gTrade (Gains Network) POL/USD | L +0.0003% / S −0.0001% | 1h | 0.1090 | −0.041% | $12K | — | 150x | as long as short |
| Orderly PERP_POL_USDC | +0.0027% | 4h | 0.1091 | +0.044% | $11K | $1.3M | 20x | as long as short |
| Injective POL/USDC PERP | +0.0033% | 1h | 0.1111 | +1.887% | $3K | $124K | 12x | as long as short |
| OKX POL-USDT-SWAP | +0.0050% | 4h | 0.1090 | +0.007% | $5.6M | $9.4M | 50x | as long as short |
| Lighter POLshort | +0.0096% | 1h | 0.1090 | −0.002% | $276K | $543K | 8x |
Show all 25 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid POL | +0.0100% | 1h | 0.1092 | +0.172% | $7.4M | $3.7M | 5x | as long as short |
| Aster POLUSDTlong | +0.0100% | 4h | 0.1090 | long leg | $361K | $240K | 20x | |
| Binance POLUSDT | +0.0100% | 4h | 0.1090 | −0.011% | $16.6M | $37.4M | 75x | as long as short |
| Bybit POLUSDT | +0.0100% | 4h | 0.1090 | −0.020% | $15.7M | $10.0M | 75x | as long as short |
| MEXC POL_USDT | +0.0100% | 4h | 0.1090 | +0.007% | $24.6M | $3.3M | 125x | as long as short |
| KuCoin POLUSDTM | +0.0100% | 4h | 0.1090 | −0.002% | $2.9M | $939K | 50x | as long as short |
| Bitget POLUSDT | +0.0100% | 4h | 0.1091 | +0.025% | $4.0M | $4.1M | 50x | as long as short |
| BingX POL-USDC | +0.0100% | 4h | 0.1090 | −0.048% | — | $1.6M | — | as long as short |
| Variational Omni POL | +0.0100% | 4h | 0.1089 | −0.125% | $602K | $167K | — | as long as short |
| GRVT POL_USDT_Perp | +0.0100% | 4h | 0.1090 | −0.002% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni POLUSDT | +0.0100% | 1h | 0.1091 | +0.053% | $194K | $635K | 50x | as long as short |
| Extended POL-USD | +0.0104% | 1h | 0.1090 | −0.011% | $93K | $238K | 10x | as long as short |
| Aevo POL-PERP | +0.0104% | 1h | 0.1089 | −0.107% | $40K | — | 3x | as long as short |
| GMX POL/USD [ETH-USDC] | L +0.0210% / S −0.0388% | 1h | 0.1090 | −0.008% | $3K | — | 100x | as long as short |
| BloFin POL-USDT | +0.0340% | 4h | 0.1091 | +0.025% | $897K | $149K | 75x | as long as short |
Aster POLUSDT
Lighter POL
Coinbase International POL-PERP-INTX
Kraken Futures PF_POLUSD
Gate POL_USDT
gTrade (Gains Network) POL/USD
Injective POL/USDC PERP
OKX POL-USDT-SWAP
Hyperliquid POL
Binance POLUSDT
Bybit POLUSDT
MEXC POL_USDT
KuCoin POLUSDTM
Bitget POLUSDT
BingX POL-USDC
Variational Omni POL
GRVT POL_USDT_Perp
ApeX Omni POLUSDT
Extended POL-USD
GMX POL/USD [ETH-USDC]
BloFin POL-USDT